Kenya’s External Trade Hits KSh1.4 Trillion in H1 2021
Kenya’s external trade value hit KSh1.4 trillion in H1 2021, a 24.3% increase from KSh1.094 trillion in H1 2020. The rise in external trade is attributed to a rebound in [...]
Highlands Investments Records Largest Cannabis Export: 8.5 Tons to Europe
Highlands Investments, an operator of one of the largest outdoor cannabis grow facilities in Africa, is set to export 8.5 tonnes of its Highlands Pure THC and CBD flower and [...]Kenya's Imports Jump to KSh992 Billion in the Six Months to June 2021
Kenyan imports increased to KSh992 billion in the first six months of 2021 from KSh777 billion in the same period in 2020 as the economy slowly recovered from the covid19-linked [...]
Kenya to Start Exporting Avocados to South Korea in March 2022
Trade Cabinet Secretary Betty Maina has announced that Kenya will start exporting avocados to South Korea in March 2022 as part of the country's horticulture business expansion strategy. According to [...]Kenya's H1 Export Earnings Hit KSh368.79 Billion
Kenya’s export earnings for the first half of the year (H1 2021) hit a 10-year high at KSh368.79 billion, lifted by increased sales of horticultural produce and rising prices of [...]Kenya's Current Account Deficit Widens to 5.4% of GDP in June
Kenya's current account deficit, which measures a country's trade and financial flows with other nations, widened to 5.4% of GDP in the 12 months to June from 5.2% in the [...]Kenya’s Women Entrepreneurs Held Back from Corporate Procurement
When Annmarie and Nancy Kathendu – the two sisters – walked to Nakumatt in 2014, they were attempting to disrupt a grocery market largely dominated by men. Armed with a [...]Kenya's Current Account Deficit Widens to 5.5% of GDP
Kenya's current account deficit, a measure of a nation's trade and financial flows with other nations, widened to 5.5% of the GDP in the 12 months to May 2021 compared [...]Kenya's Economic Activity Picks Up in June
Kenya's private sector activity improved in June, although at a modest pace, according to the latest Stanbic Bank Kenya Purchasing Managers Index (PMI). The improved activity was supported by increased [...]Kenya's Horticulture Exports Earnings Jump to KSh39.4 Billion in Q1 2021
The value of Kenya's horticulture exports rose sharply in the first quarter of this year as economic activity slowly recovered from the pandemic downturn. According to data from the Central [...]Moyale One-Stop Border Post Starts Operations
The Kenya-Ethiopia One-Stop Border Post (OSBP) at Moyale has started operations, following its official launch in December 2020 by President Uhuru Kenyatta and Abiy Ahmed, the Ethiopian Prime Minister. The [...]Potential of Fintech in the E-Commerce Industry in Africa
Africa's e-commerce space is rising, thanks to the growing labour force, rising internet connectivity, continued urbanization, and the increasing power of super platforms like Jumia, Glovo, Uber and Sendy. Mobile [...]
